OREANDA-NEWS. April 02, 2012. NTT DOCOMO, INC., announced today that it has terminated an agreement concerning the establishment of a joint venture company to develop and sell semiconductor products for mobile devices, which the company signed with Fujitsu Limited, Fujitsu Semiconductor Limited, NEC Corporation, Panasonic Mobile Communications Co., Ltd. and Samsung Electronics Co., Ltd. in December 2011.

The joint-venture agreement was terminated because a consensus on the details of the envisioned company could not be reached by the target deadline, the end of March.

As a result, Communication Platform Planning Co., Ltd., a wholly owned subsidiary that DOCOMO had established to prepare for the formation of the joint-venture company, will be liquidated in June.